Trading For Dummies, 2nd Edition

Product DescriptionNow updated — your guide to trading success regardless of the market!
Want to make smarter trading decisions? This strategy-packed, no-nonsense guide presents a proven system for analyzing stocks, trends, and indicators and setting a buy-and-sell range beforehand to decrease your risk in both up and down markets. You'll discover the benefits of position trading, conduct technical analysis, and research your entry and exit points before you even purchase your stock.

• Build your trading toolbox — know the markets and exchanges, find a broker, set up your brokerage account, and determine your computer/Internet needs
• Explore position trading — discover the benefit of executing trades in and out of positions and holding positions for various lengths of time, depending on trends
• Find value in fundamental analysis — observe market behavior, understand economic indicators, find critical information in financial statements, and make the most of analysts
• Take on technical analysis — build and read charts, identify trends, recognize bull and bear patterns, and differentiate between stocks that are range bound and ones that are trending
• Develop strategies for buying and selling — know your risks, gather key info through analysis to build your optimum trading strategy, and develop your own powerful trading system
• Jump into the deep end — from swing and day trading to derivatives and foreign currency, get the basics of these riskier forms of trading
  

Open the book and find:

• The ins and outs of trading stocks
• Fresh ways to analyze trends and indicators
• Updated stock charts and Web sites
• Position trading tips and techniques
• Step-by-step instructions for building and reading charts
• Key money management techniques
• Warnings about frauds and scams
• Top ten trading survival techniques
• Huge trading mistakes to avoid at all costs
  

From the Back Cover
Invest smart -- with proven tips and tactics Master the basics of trading and strengthen your portfolio Do you want to trade stocks, but don’t know where to start? Are you scared of the risks? Relax! Trading For Dummies takes a measured approach to trading, giving you the basics of trading and portfolio management. This friendly guide will show you how to analyze the market and make smart decisions -- so you won’t lose your shirt! The Dummies Way

• Explanations in plain English
• "Get in, get out" information
• Icons and other navigational aids
• Tear-out cheat sheet
• Top ten lists
• A dash of humor and fun

Discover how to:

• Understand market cycles
• Choose the best broker for you
• Master technical analysis
• Develop a balanced portfolio
• Read charts and tables
• Uncover new trends
• Manage your risk exposure

--This text refers to an out of print or unavailable edition of this title.